The Europe battery testing equipment market is forecasted to record a CAGR of 4.12% over the estimated years of 2021 to 2028. Factors such as the surging adoption of smartphones, the stringent quality standards for battery testing equipment production, and the rising investments in electric vehicle manufacturing are predominantly accredited to the market growth of the region.
EUROPE BATTERY TESTING EQUIPMENT MARKET FORECAST 2021-2028
Europe Battery Testing Equipment Market by Product Type (Portable Battery Testing Equipment, Stationary Battery Testing Equipment) Market by Application (Cell Testing, Module Testing, Pack Testing) Market by End-user (Automotive Industry, Telecom Industry, Battery Industry, Battery Testing Labs, Energy Sector, Electronics & Semiconductor Industry, Other End-users) by Geography
The Europe battery testing equipment market is forecasted to record a CAGR of 4.12% over the estimated years of 2021 to 2028. Factors such as the surging adoption of smartphones, the stringent quality standards for battery testing equipment production, and the rising investments in electric vehicle manufacturing are predominantly accredited to the market growth of the region.
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The Europe battery testing equipment market growth evaluation entails the study of the United Kingdom, Germany, France, Spain, Russia, Italy, and the rest of Europe. The United Kingdom is proposing a ban on the marketing of petrol and diesel vehicles while promoting electric vehicles for reduced safety and health risks and facilitating best environmental practices. Moreover, the country is also observing an increased inclination towards battery testing equipment. In this regard, the British Standards Institution (BSI) mentioned the first code of practice for environmentally conscious and safe battery handling for electric vehicles. The code practice will help propel the manufacture of electric vehicles and batteries, in addition to battery recycling in the United Kingdom.
Conversely, the automotive business in Germany is augmenting, thus positively impacting the growth of the country’s electric vehicles domain. Germany is also expected to surpass the electric vehicle industry in the United States since it recorded over 20,000 electric vehicle buyers. Hence, these factors are set to strengthen the Europe battery testing equipment market during the forecasting period.
Megger Group Limited, headquartered in the United Kingdom, is one of the major electrical test and measurement companies globally. The company provides a diverse range of products categorized into seven core application segments, namely, circuit breakers, cable test and diagnostics, low voltage installations, protection relays and systems, general electrical testing, transformer test, and diagnostics, and motor and generator testing. Its products’ applications include instrument transformer, low voltage, and PAT testing, battery, power transformer, and others.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- GROWING DEMAND FROM THE BATTERY MARKET
- COMPLIANCE WITH VARIOUS BATTERY STANDARDS
- KEY RESTRAINTS
- HIGH COST OF BATTERY TESTING EQUIPMENT
- TECHNICAL CHALLENGES IN BATTERY TESTING
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON BATTERY TESTING EQUIPMENT MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- KEY BUYING CRITERIA
- MARKET BY PRODUCT TYPE
- PORTABLE BATTERY TESTING EQUIPMENT
- STATIONARY BATTERY TESTING EQUIPMENT
- MARKET BY APPLICATION
- CELL TESTING
- MODULE TESTING
- PACK TESTING
- MARKET BY END-USER
- AUTOMOTIVE INDUSTRY
- TELECOM INDUSTRY
- BATTERY INDUSTRY
- BATTERY TESTING LABS
- ENERGY SECTOR
- ELECTRONICS & SEMICONDUCTOR INDUSTRY
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- ARBIN INSTRUMENTS
- CENTURY BATTERIES
- CHAUVIN ARNOUX
- CHROMA SYSTEMS SOLUTIONS INC
- DV POWER
- EXPONENTIAL POWER
- EXTECH INSTRUMENTS
- MEGGER GROUP LIMITED
- MIDTRONICS INC
- XIAMEN TMAX BATTERY EQUIPMENTS LIMITED
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – BATTERY TESTING EQUIPMENT
TABLE 2: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: EUROPE BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
FIGURE 7: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY PORTABLE BATTERY TESTING EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY STATIONARY BATTERY TESTING EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
FIGURE 10: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY CELL TESTING, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY MODULE TESTING, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY PACK TESTING, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
FIGURE 14: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY AUTOMOTIVE INDUSTRY, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY TELECOM INDUSTRY, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY BATTERY INDUSTRY, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY BATTERY TESTING LABS, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY ENERGY SECTOR, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY ELECTRONICS & SEMICONDUCTOR INDUSTRY, 2021-2028 (IN $ MILLION)
FIGURE 20: EUROPE BATTERY TESTING EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 21: EUROPE BATTERY TESTING EQUIPMENT MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: UNITED KINGDOM BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: GERMANY BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: FRANCE BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: ITALY BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: SPAIN BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: RUSSIA BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF EUROPE BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- EUROPE
- MARKET BY PRODUCT TYPE
- PORTABLE BATTERY TESTING EQUIPMENT
- STATIONARY BATTERY TESTING EQUIPMENT
- MARKET BY APPLICATION
- CELL TESTING
- MODULE TESTING
- PACK TESTING
- MARKET BY END-USER
- AUTOMOTIVE INDUSTRY
- TELECOM INDUSTRY
- BATTERY INDUSTRY
- BATTERY TESTING LABS
- ENERGY SECTOR
- ELECTRONICS & SEMICONDUCTOR INDUSTRY
- OTHER END-USERS
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.